The Group holds controlling interests in tile and sanitaryware manufacturer Ceramic Industries (Pty) Ltd. and adhesives and related products manufacturer, Ezee Tile.
The history of Italtile Ltd can be traced back to 1955 when the company was founded.
Today, Italtile Ltd has a diversified portfolio of products and services in more sectors of the Consumer Services value chain and renders the following services: retail, franchising, property investment and support services with the supply of tiles, brassware, laminated flooring, sanitary ware and accessories, and administration and management services, outsourced debtor solutions, and procurement. Italtile Ltd has a network of approximately 150 stores that are retailers of tiles, brassware, laminated flooring, sanitary ware and accessories.
Italtile Ltd's equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol ITE.
Italtile Ltd has its headquarters at The Italtile Building, Cnr William Nicol Drive & Peter Place, Bryanston, 2021
Italtile Ltd serves clients in areas in Southern Africa.
The current CEO-designate of Italtile Ltd is Lance Foxcroft.
Italtile Ltd forms part of the General Retailers Industry and the Consumer Services Sector of the Johannesburg Stock Exchange (JSE).
Italtile Ltd Stock Performance
The current price for Italtile Ltd stocks on the Johannesburg Stock Exchange (JSE) is 17.73 ZAR.
An analysis of financial data of Italtile Ltd showed that the company has a total market capitalisation of 23.4 Billion ZAR, with a Price/Earning ratio of 12.66 and earnings per share of 1.4010 ZAR. The dividend per share of ITE was 0.56ZAR and its dividend yield was 3.16 %. A total of 1.32 Billion shares were outstanding.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Italtile Ltd stocks can be assured of lucrative dividends and earnings in times to come.
According to an analysis on the live chart of Italtile Ltd, analysts forecast further improved performance for the Consumer Services sector with market share growing as trading volumes increase.
Highlights of Italtile Ltd in 2021
Italtile Ltd started the current financial year (2021) with a share price of 14.80 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 19.8 % in value on its price valuation, ranking 201st on the JSE with its year-to-date performance.
Italtile Ltd is currently the 104th most-traded stock on the JSE and it has experienced a total trading volume of more than 45.3 million shares, which were finalised in 13,873 deals and were valued at a total of 756 million ZAR over the recent three month period from August to November 2021, with an average of 719,756 shares in each trading session.
During the same period a volume high of 5.8 million was achieved on 1 September and a low of 15,678 on 7 October.
How to buy Italtile Ltd stocks – Step by Step
The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Italtile Ltd stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:
- Find the share that you want to buy, in this case, “ITE”.
- Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
- Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
- Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
- You are now ready to make your first share purchase through the broker.
- You can further start to build and diversify your portfolio by buying more shares.
